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The Entry to Record the Approval of a Withdrawal by the Owner

Question 84

Multiple Choice

The entry to record the approval of a withdrawal by the owner will include:


A) a debit to Wages Expense and a credit to Vouchers Payable.
B) a debit to Vouchers Payable and a credit to Wages Expense.
C) a debit to Withdrawals and a credit to Vouchers Payable.
D) a debit to Vouchers Payable and a credit to Withdrawals.

Correct Answer:

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